Indian Stock Market - Morning Update (Friday)

Global Markets are looking mixed this morning, Dow is up 0.25%, Nasdaq up by 0.49%. But Asian markets are in red Nikkei is down -1.73%,Hang-Seng Index is down 1.49% and FTSE 100 (europe) is down by 0.73%.

NOTE:
- Companies announcing Results today
- Today is the last trading day of this month

Indian ADR's
Major ADRS were down today
Technology :
Infosys was down 4.69% at 75 USD
Satyam was down 3.10% at 35 USD
Wipro is down 2.10% at 14 USD
Patni Computers is down -6.43% at 16 USD

Banking ADRs:
HDFC Bank down 6.77% at 55 USD
ICICI Bank down 6.38% at 25 USD
Others:
VSNL is down 3.29% at 18 USD
Dr. Reddy's Lab is down 3.55% at 31 USD
Tata Motors is down 4.90% at 20 USD
MTNL down 6.17% at 8.8 USD


Stock Picks: All are Day Trading Picks
- ACC
- MTNL
- Hinduja TMT
- HLL
- Bharti Tele


The global indices
Global Markets/Indices this morning:
America
DOW 11,382.51 +28.02 +0.25%
Nasdaq 2,344.95 +11.32 +0.49%
MXX 20,390.619 -176.291 -0.86%

Europe
FTSE 100 6,060.00 -44.30 -0.73%

China
Shanghai Composite 1,424.089 +7.357 +0.52%
Hang Seng 16,494.01 -248.84 -1.49%

Japan
Nikkei 225 16,818.971 -295.57 -1.73%

Taiwan
Taiwan Weighted 7,137.99 +1.78 +0.02%

Jakartha
Jakartha Composite Index 1,462.923 -11.686 -0.79%

News:
- SEBI bars Karvy, 23 other entities
- ONGC invites Petrobras to invest in refining ventures
- Grasim Q4 net up 14.5%

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